2017 Forecast - Congestive Heart Failure (CHF) Treatment Devices Global Market News, Industry Size, Share, Analysis and Research to 2022

The report segments the world Congestive Heart Failure treatment devices market based on product type, namely, pacemakers, cardiac resynchronization therapy (CRT) devices, implantable cardioverter defibrillators (ICDs), and ventricular assist devices (VADs). Pacemaker is further segmented into dual-chamber pacemakers and single-chamber pacemakers. CRT devices is segmented into two major types, namely, CRT-P and CRT-D. ICDs is further segmented into transvenous implantable cardioverter defibrillator (T-ICDs) and subcutaneous implantable cardioverter defibrillator (S-ICDs). VADs is also segmented into left ventricular assist device (LVAD), right ventricular assist device (RVAD), and biventricular assist device (BIVAD). ICDs was the highest revenue-generating segment in 2015, owing to the stressful hyperactive lifestyle, unhealthy food habits, and growing number of aging population. Based on geography, the market is divided into North America, Europe, Asia-Pacific, and LAMEA regions. The key players in this market adopted product development and product launch as their key strategies to keep pace with the changing demands of consumers. Furthermore, companies launched cost-effective and technologically efficient products to strengthen their market position.

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The world CHF treatment devices market was evaluated at $10,127.2 million in 2015, and is estimated to reach $14,823.3 million by 2022, with a CAGR of 5.5% over the forecast period. This is primarily attributed to the constantly changing lifestyle habits (such as unhealthy dietary habits, excessive alcohol consumption, smoking, obesity, and lack of physical activity) which make individuals more susceptible to arrhythmia and heart failure. In addition, a number of factors such as the large number of technological advancements in CHF treatment devices, increased adoption rate of these devices, and rising emphasis on early intervention and primary prevention of heart-related disorders are responsible for driving the market. Conversely, stringent government regulations for the approval of CHF treatment devices, high cost of, and high preference to drugs for CHF treatment are some of the factors restraining the market growth.

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CONGESTIVE HEART FAILURE (CHF) TREATMENT DEVICES MARKET KEY SEGMENTS:

• Congestive Heart Failure (CHF) Treatment Devices Market, By Product
• Pacemakers, By Type
• Implantable Pacemakers
• External Pacemakers
• Cardiac Resynchronization Therapy (CRT), By Type
• Cardiac Resynchronization Therapy-Pacemakers (CRT-P)
• Cardiac Resynchronization Therapy-Defibrillators (CRT-D)
• Implantable Cardioverter Defibrillators (ICDs), By Type
• Transvenous Implantable Cardioverter Defibrillator (T-ICDs)
• Subcutaneous Implantable Cardioverter Defibrillator (S-ICDs)
• Ventricular Assist Devices (VADs), By Type

By Geography

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• U.K.
• France
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India

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